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Harlem Lofts Sets Townhouse Record Sale Of $4.1 Mil

The sale of the 3-family townhouse 123 West 119th Street, exclusively listed by real estate brokerage firm Harlem Lofts and located between Lenox Avenue aka Malcolm X Blvd. and Adam Clayton Powell Boulevard, in Central Harlem closed on September 14th 2017.The record sales price of $4,150,000 for a townhouse in the Mount Morris Park Historic District, one of Upper Manhattan’s most sought-after enclaves is rarity.

Robert “Robb” Pair, the president of Harlem Lofts represented the seller. EVO Real Estate Group represented the buyer in the transaction.

This sale is indicative of the direction of the rapidly gentrifying neighborhood, and a bright spot in Manhattan’s otherwise slowing real estate market. Along with the recently opened Whole Foods on 125th St. and Malcolm X Blvd. and several new, luxury condominium and mixed-use developments sprouting up in the neighborhood, the sale of 123 West 119th St. is a signal that Central Harlem is still going strong and real estate prices will continue to rise.

Spacious, with a sizable garden, this luxurious, income-producing townhouse is perfectly suited in its current configuration as a large private home with two additional income apartments, or easily converted back into a single-family mansion (circa 1880s).

The owner’s triplex features a large, open floor plan, with 3200 SF of livable space, four original fireplaces mantles, and hardwood floors throughout. The parlor floor of this triplex has original ornamental ceilings, intricate wood-work, and a deck with steps leading down to the landscaped backyard with a custom built-in grill. The garden floor of the triplex has three bedrooms, including master en suite with the original claw foot tub. The lower level has a media room and ample storage space.

The 2nd floor apartment is a charming floor-through two-bedroom, one-bath, 1300 square foot apartment with large windows, two original fireplace mantles, abundant storage, and hardwood floors. Amenities include a gas-stove, microwave, dishwasher, and washer/dryer.

The penthouse duplex of this sun-drenched townhouse incorporated a new penthouse floor in 2012. The duplex has three-bedrooms, two-baths, 13-foot ceilings, and an original fireplace. It also boasts three terraces totaling over 1000 square feet of outdoor space, which inspires quintessential outdoor city living with views of downtown Manhattan. Additional amenities for this unit include a gas stove, microwave, dishwasher, and washer/dryer.

For more information, please contact Janita Mercado at Harlem Lofts, sales@harlemlofts.com or 917-791-3070.

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